Name: Lightwave Logic, Inc. (LWLG) Financial Statements
Creator: FinSpry

Lightwave Logic Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Lightwave Logic, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.10	0.04	0.00	0.00	0.00
Cost of Revenue	0.01	0.00	0.00	0.00	0.00
Gross Profit	0.09	0.04	0.00	0.00	0.00
Operating Expenses
Research & Development	16.29	15.90	12.67	12.34	4.46
Selling, General & Administrative	6.88	5.36	4.47	4.65	2.14
Operating Expenses	23.33	21.26	17.35	19.06	6.72
Operating Income	-23.24	-21.23	-17.35	-19.06	-6.72
Other Income/Expense
Interest Income	0.93	0.66	0.09	0.01	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	-0.01	-0.47	0.03	-1.65	0.00
Income
Income Before Tax	-22.54	-21.04	-17.23	-18.63	-6.72
Income Tax Expense	0.00	-6.53	-5.07	0.00	0.00
Net Income	-22.54	-21.04	-17.23	-18.63	-6.72
Net Income - Continuous Operations	-22.54	-21.04	-17.23	-18.63	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-21.56	-19.92	-16.30	-18.18	-5.93
EBIT	-23.24	-21.23	-17.35	-19.06	-6.72
Depreciation & Amortization	1.68	1.30	1.05	0.88	0.78
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	120.60	115.47	111.81	105.22	91.86
Diluted Shares Outstanding	120.60	115.47	111.81	105.22	91.86